Elderly people, for sure, make up a significant fraction of our society, and in this era of increasing health facilities, there’s no doubt that their population is increasing exponentially. While the views will vary on an individual’s mindset, a general debate will always revolve around this crucial topic relating to its pros and cons and a single perspective is difficult to defend for long.
Elderly people have the most experience in our world. With having spent almost a lifetime, there’s no denying the credibility of knowledge they possess. Similarly, Old people are also the primary source of historical events. If a journalist were to interview war victims from 50 years back or so, he could not help but go to an old person who was directly involved in it. Lastly, elder people tend to own the most successful businesses, given the time they put in it.
On the contrary, some people might think that the negative impacts outweigh the advantages of having an elderly population. An Economist would discourage hefty pensions being paid to retired officials, arguing that it would lead to a budget deficit. Another view might debate about the burden elderly people cause on healthcare facilities. They require extensive care which can be costly. Furthermore, old people are not do not contribute to working class in the industry. This implies smaller available work force which could lead to a labor crisis in the market.
While this topic will remain debatable, as evident above on how different aspects relate to opposite impacts, I could help less but remain ambiguous about this topic.
